Joseph Schumpeter

Czech-American economist and academic

Joseph Schumpeter - Czech-American economist and academic
Born

February 8th, 1883
142 years ago

Died

January 8th, 1950
75 years ago — 66 years old

Category

Thinkers & Philosophers

Country

United States

Links & References

Contributed to economic theory through analysis of capitalism and innovation. Served as a professor at Harvard University and authored several influential works, including 'Capitalism, Socialism and Democracy'. Developed the concept of creative destruction, explaining how innovation drives economic growth and the cyclical nature of business. Schumpeter's ideas have influenced economic policy and entrepreneurship studies.

Authored 'Capitalism, Socialism and Democracy'

Developed the concept of creative destruction

Served as a professor at Harvard University

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